Akshita Kapoor

[ad_1] MUMBAI: Reserve Bank of India is "examining" the licensing framework for banks to align it with the evolving needs of the economy and is also reviewing the role of lenders in distributing insurance products, amid complaints of mis-selling.In an exclusive interview to TOI, his first since taking charge in Dec, RBI governor Sanjay Malhotra said the regulator places "great importance on fair practice codes, consumer protection, and customer service," and that mis-selling of investment-linked insurance products is a valid ground for escalating complaints under the banking ombudsman scheme."We are reviewing the situation and if required, we will consider additional measures to tackle this issue," Malhotra said.On the question of scaling up Indian banks, Malhotra said RBI is reviewing policies to ensure an adequate number of strong and trustworthy institutions. The central bank is also "examining" foreign shareholding norms and […]

[ad_1] Woman arrested for attempting to trespass at Salman Khan's Mumbai home MUMBAI: An inquiry has been launched into two incidents of security breach in two days at actor Salman Khan's Bandra home despite his Y+ security. Isha Chhabria (32), an aspiring model-actor and Khar resident, entered Galaxy Apartment at 3am Wednesday claiming she was a building resident. She reached the actor's first-floor flat, rang the doorbell and told one of his staffers she had been invited by Khan.When the staffer checked with Khan, he denied inviting anyone home at that hour. While the staffer called the guards and police, Chhabria managed to walk out. She was tracked down with the help of CCTV footage and arrested a day later.Police are examining the security lapse as there were no guards outside the actor's flat at that time. The previous day, […]

[ad_1] PANSKURA: A Class 7 student from Panskura died by suicide, leaving behind a note that read, "Mom, I didn't steal." The incident occurred in East Midnapore, West Bengal.According to locals, on Sunday afternoon Krishnendu Das (13), a student at Bakulda High School, was accused of stealing three packets of chips from a sweet shop owned by civic volunteer Subhankar Dikshit in Gosainber market.Locals claimed that Krishnendu took the packets when the shop owner was not around. Subhankar went after him when he saw Krishnendu at a distance with the chips.On being confronted, the boy paid Subhankar Rs 20 for three packets each priced at Rs 5. The civic volunteer brought him back to the shop and gave him the change.Subhankar then allegedly thrashed Krishnendu and made him apologise publicly. Later, the boy's mother took him back to the shop […]

[ad_1] BIKANER/NEW DELHI: PM Modi on Thursday declared that he would not let anyone come in the way of the enforcement of India's doctrine towards Pakistan-sponsored terrorism, in what was seen as a message aimed at international capitals that have been concerned by Islamabad's nuclear sabre-rattling and ignored or condoned its use of terror as a weapon."This is what India has resolved and no power on Earth can shake its commitment," said Modi - an assertion that assumes significance in the context of US President Donald Trump's claim that he got India and Pakistan to pause military confrontation in order to stave off the possibility of an escalation involving the possible use of nuclear weapons."India will not be deterred by scaremongering about the use of atom bomb," Modi elaborated as he issued a direct warning to the neighbouring country's army. […]

[ad_1] When Pakistan bestowed the honorary rank of field marshal on its army chief Asim Munir, it may have come as a surprise to many who thought Pakistan had finally been delivered a kick in the guts by Operation Sindoor for its relentless use of cross-border terrorism against India.However, to others who have followed the commentary in Pakistani media and noticed how a nationalistic frenzy has been whipped up in the country since May 10 --- the day President Donald Trump waded into the conflict, claiming he had brokered a ceasefire - it was only to be expected.Aware of the pitfalls of any military humiliation at the hands of India, the army and the civilian establishment have continued to circle the wagons against any possible criticism of the reverses suffered from Indian action. This move to honour Munir with a […]

[ad_1] NEW DELHI: Centre has identified as priority irrigation and power generation, among other developmental projects, in the Indus River Basin in sync with its resolve to utilise additional waters of western rivers - Indus, Jhelum and Chenab - in J&K and its neighbouring states in a time-bound manner.The decision on how to streamline these projects by infusing additional funding under the "all hands on deck" approach was taken during an inter-ministerial meeting - involving officials of home, MEA, power & Jal Shakti ministries - on the issue Tuesday. It was the first such meeting after keeping the 1960 Indus Waters Treaty in abeyance following Pahalgam attack."It was decided to fast-track the implementation of pending projects - be it irrigation canals, navigation projects or under-construction power projects - through priority funding in the medium and long-term," a source said.He said […]

[ad_1] NEW DELHI: Dismissing the need for a written National Security Strategy, chief of defence staff General Anil Chauhan has said India has the requisite organisational structures, processes and policies in place to secure the nation.In his new book "Ready, Relevant and Resurgent: A Blueprint for the Transformation of India's Military", the CDS said strategic analysts and political pundits often state that India does not have a NSS. "That is incorrect and a myopic understanding of the issue. What we don't have is a written document called NSS, which is published periodically by Western nations," he said.Israel, the "most threatened nation on earth", does not have a written policy document or NSS. "On the contrary, Pakistan issued a written National Security Policy in 2022 and ran into economic problems, political instability, rift between the Armed Forces and the citizens and […]

[ad_1] Steve Bannon, a prominent conservative commentator, claimed that “everything changed” for Elon Musk following President Donald Trump’s public denial of a report suggesting Musk would receive a classified Pentagon briefing on potential U.S.-China conflict, as highlighted in an interview with The Atlantic. The report, initially published by The New York Times in March 2025, alleged that Musk was slated to be briefed on national security matters, including the possibility of war with China. This revelation sparked outrage among Democratic lawmakers, who raised concerns about national security risks and ethical conflicts due to Musk’s growing influence in Trump’s administration.Critics, including several congressional Democrats, argued that Musk’s role in the Department of Government Efficiency (DOGE), a Trump-led initiative aimed at streamlining federal operations and reducing government size, gave him unprecedented power. Some lawmakers, as reported by Politico, expressed alarm over Musk’s […]

[ad_1] The IIHF Worlds provides way more to 18-year-old Macklin Celebrini than the usual event. Just icing the rink with hockey greats Sidney Crosby and Nathan MacKinnon, the Sharks' rookie is soaking up first-class lessons on and off the ice.Whereas Celebrini should still pretty much be transforming himself into a young pro, he has been demonstrating this unusually pondered air of maturity, composure, and competitive fire. This rare chance to train alongside two Stanley Cup champions can mold him into the next big NHL star.Macklin Celebrini’s mentorship under Sidney Crosby and Nathan MacKinnon accelerates his developmentMacklin Celebrini, who is on a journey from top draft pick to Calder Trophy finalist, is taking an exciting turn at the IIHF World Championship by skating with some of the game's most talented veterans. Being placed on a line with Pittsburgh Penguins center Sidney […]

[ad_1] ABU DHABI/TOKYO: The UAE and Japan on Thursday expressed solidarity with India in the war against terrorism as multi-party delegations started reaching out to world capitals to sensitise global leaders about terror emanating from Pakistan, a month after the Pahalgam attack that left 26 people dead.A delegation led by Shiv Sena MP Shrikant Shinde held talks with the UAE minister of tolerance Sheikh Nahyan bin Mubarak Al Nahyan, chairman of the defence committee Ali Rashid Al Nuaimi and other prominent leaders in Abu Dhabi, while another group led by JDU MP Sanjay Jha interacted with Japan's foreign minister Takeshi Iwaya and other leaders in Tokyo."India and UAE will tackle terrorism together. The UAE will always stand by India," Sheikh Nahyan said."Terrorism is a threat not just to a single nation or region, it is a global threat. We believe […]